United Kingdom · Payments & e-money
NIUM Payments UK Limited
Trading asEntropay
NIUM Payments UK Limited is a private limited company registered in England and Wales, with its registered office in London. The FCA authorises it as an electronic money institution under the Electronic Money Regulations 2011, reference 900800. Its ultimate parent is Nium Pte. Ltd. of Singapore, which holds it through Nium UK Holdings Limited. It was called Entropay Limited until 4 February 2026, and its Entropay consumer product was discontinued on 1 July 2019.
Licences and registrations
Held by NIUM Payments UK Limited. 1 entry on 1 of the 22 tracked registers, retrieved 25 September 2026.
| Register | Licence | Number | Jurisdiction | Status | Registered | Ends | Activities | Register entry |
|---|---|---|---|---|---|---|---|---|
| FCA Financial Services Register - E-Money InstitutionsFCA | Authorised E-Money InstitutionE-Money / Stored Value Institution | 900800 | United Kingdom | Active | 2018-03-23 | — |
|
Search the register ↗ |
Trading names on the register: Entropay (FCA-EMI)
- Each licence applies in the country of the regulator that granted it.
- Registers are tracked in 37 countries. Licences granted elsewhere are not recorded here.
Swift network
Swift’s ISO 9362 BIC directory
Holds no BIC in Swift’s directory. No LEI is matched to this entry, and BICs are linked by LEI only.
Overview
Researched 29 Sep 2026 · Sources
Customers
Not published
Ownership
Group subsidiary
100% Nium UK Holdings Limited
Firm type
E-money and accounts
Trades as Nium
- Standing
- The firm was called Entropay Limited until 4 February 2026, when it changed its name to NIUM Payments UK Limited. Its Entropay consumer product was discontinued on 1 July 2019.
- Ownership
- Nium UK Holdings Limited (formerly Ixaris Group Holdings Limited, Companies House 10519681) holds 75% or more of the firm, and Nium Pte. Ltd. of Singapore is the ultimate parent.
- Direct parent
- Nium UK Holdings Limited, United Kingdom 100%
- Ultimate owner
- Nium Pte. Ltd., Singapore
- Head office
- Ground Floor, 52-54 Gracechurch Street, EC3V 0EH London, United Kingdom
- Company register
- Companies House 04072405
- Incorporated
- 15 Sep 2000
- Former names
- Entropay Limited · Ixaris Systems Ltd · Global E-Mobile Limited
Online
- Websites & references
- nium.com ↗
entropay.com ↗ legacy site of the former Entropay brand, with a notice about the discontinued consumer product
Wikipedia ↗ group article - Official social accounts
- LinkedIn ↗ · X ↗ · YouTube ↗
Sources · 15 pages consulted
- find-and-update.company-information.service.gov.uk/company/04072405
- find-and-update.company-information.service.gov.uk/company/04072405/officers
- find-and-update.company-information.service.gov.uk/company/04072405/persons-with-significant-control
- find-and-update.company-information.service.gov.uk/company/04072405/filing-history
- find-and-update.company-information.service.gov.uk/company/04072405/filing-history/MzQ4NzA3OTYzMGFkaXF6a2N4/document?format=pdf&download=0
- register.fca.org.uk/servlet/servlet.FileDownload?file=015b0000006CWmx
- nium.com/licenses
- nium.com/
- nium.com/legal
- nium.com/legal/card-issuing-terms-conditions
- entropay.com/
- prnewswire.com/news-releases/nium-names-new-c-suite-hires-to-lead-next-era-of-global-payments-infrastruc
- nium.com/newsroom/nium-raises-us50-million-in-series-e-round-to-expand-real-time-payments-global-i
- cnbc.com/2024/06/04/nium-cuts-valuation-by-30percent-in-funding-round-eyes-2025-ipo.html
- en.wikipedia.org/wiki/Nium
Authorisation
Researched 29 Sep 2026 · Sources
- Operates under
- Its own licences
The FCA authorises the firm as an electronic money institution under the Electronic Money Regulations 2011 (reference 900800), for issuing e-money and providing payment services. In the UK the Nium group also operates through Nium Fintech Limited, an electronic money institution (FRN 901024), and Nium Solutions Limited, an authorised payment institution (FRN 721549).
| Authority | Licence or registration | Number | Held | Status | Source |
|---|---|---|---|---|---|
| Financial Conduct Authority United Kingdom | Authorised Electronic Money Institution | 900800 | In its own name | Active | nium.com ↗ |
Licences and registrations the research found, at home and abroad, as the firm and its regulators publish them. The Licences and registrations card shows the entries on the registers the directory tracks.
Partners and safeguarding
Researched 29 Sep 2026 · Sources
- Safeguarding
- Segregated safeguarding accountsAccording to its 2024 accounts, the firm held GBP 17,848,973 of customer balances in segregated bank accounts at 31 December 2024.
- Payment schemes and card networks
- Visa Access not stated find-and-update.company-information.service.gov.uk ↗
Mastercard Access not stated find-and-update.company-information.service.gov.uk ↗
Banks and regulated firms the firm says hold its customers’ money, issue its cards, sponsor its accounts or settle its payments, as it discloses them in its terms and notices.
Products and markets
Researched 29 Sep 2026 · Sources
Nium lists the firm among its UK authorised entities, and says its UK licences cover domestic and international payments, multi-currency accounts and card issuing for business clients. The firm's filed accounts show income from card scheme bonuses, prepaid card breakage, account dormancy fees and interest on safeguarded balances.
The firm's FCA authorisation covers the United Kingdom. Nium does not say which countries this entity serves.
- Revenue
- GBP 12.2m
- Payment volume
- USD 84bnpayments processed over the last 12 months (Nium group)
- Sells to
- Enterprises · Platforms and marketplaces · Financial institutions
- Serves customers in
- United Kingdom
- Latest funding round
- Series E · USD 50m Jun 2024
Leadership
Researched 29 Sep 2026 · Sources
- Executive
- Spencer James Douglas Hanlon Director
- Executive
- Mark Anthony Spiteri Director
- Chief executive
- Prajit Nanu Founder and CEO, Nium (group)
- Compliance / MLRO
- Amaresh Mohan Chief Risk & Compliance Officer, Nium (group)
Recent events
Researched 29 Sep 2026 · Sources
-
Other
The firm changed its name from Entropay Limited to NIUM Payments UK Limited on 4 February 2026.
find-and-update.company-information.service.gov.uk ↗ -
Leadership
The Nium group appointed Amaresh Mohan as Chief Risk & Compliance Officer.
prnewswire.com ↗ -
Other
The firm restated its 2023 accounts after finding that revenue had been over-accrued by GBP 1,869,007 and foreign exchange gains overstated by GBP 551,987.
find-and-update.company-information.service.gov.uk ↗ -
Leadership
Prajit Nanu, the Nium group's founder and CEO, stepped down as a director of the firm on 27 June 2025.
find-and-update.company-information.service.gov.uk ↗ -
Leadership
Pratik Gandhi stepped down as a director of the firm on 25 February 2025.
find-and-update.company-information.service.gov.uk ↗ -
Funding
The parent group Nium raised USD 50 million in a Series E round led by a Southeast Asian sovereign wealth fund.
nium.com ↗
Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, security incidents, licence changes, funding rounds, acquisitions and leadership changes. Each links to its source.
Identifiers
- Licence no. · FCA-EMI
- 900800
- BIC
- Holds no BIC in Swift’s directory
- LEI
- No LEI mapped
- Companies House no.
- 04072405 ↗
- Elucidate firm ID
- 4909db922566
Profile
- Type
- Payments & e-moneyPayment institutions, e-money and stored-value issuers, and account-information providers. Licensed under payment-services law (e.g. PSD2 in the EU and UK, the Payment Services Act in Singapore). Taken from the licences on the tracked registers.
- Regulation
- Prudential licenceAuthorised with capital, safeguarding and conduct requirements, e.g. an authorised payment or e-money institution in the EU or UK, a major payment institution in Singapore, or a MiCA crypto-asset service provider.
- Main licence class
- E-Money / Stored Value Institution
- Activities
- Payment services
- E-money / stored value
- Licensed in
- United Kingdom · Europe & Central Asia
- First registered
- 2018-03-23
- Website
- www.nium.com ↗
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
Ownership and group
GLEIF relationship records
No LEI is matched to this entry, so GLEIF relationship records cannot be linked.
Persons with significant control
Companies House · company 04072405 ↗ · as at 9 October 2026
Companies House lists 1 person with significant control for Nium Payments UK Limited: 1 company.
| Name | Type | Nature of control | Notified |
|---|---|---|---|
| Nium Uk Holdings Limited ↗ | Company · UK | 75–100% of shares | 23 May 2017 |
| Nium Uk Holdings Limited: the company states that no person or legal entity has significant control over it. | |||
Companies report persons with significant control to Companies House. Elucidate has not verified them.
A person with significant control holds more than 25% of the shares or votes, can appoint or remove the board, or has significant influence or control. Dates of birth and addresses are not shown.
Matched on the Companies House number that the FCA register gives for this firm.
See the register at Companies House ↗Addresses
- Address on the register
- Ground Floor, 52-54 Gracechurch Street, London, EC3V 0EH
- Country
- United Kingdom
ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
This institution holds no BIC. A CBPR+ message identifies it by name and postal address, and may add its LEI or a clearing code.
- Identified by
- Name and postal address. No LEI or clearing code is mapped in the directory
- Postal address
- Hybrid: town, postcode and country in their own elements, the rest in two address lines
<FinInstnId>
<Nm>NIUM Payments UK Limited</Nm>
<PstlAdr>
<PstCd>EC3V 0EH</PstCd>
<TwnNm>London</TwnNm>
<Ctry>GB</Ctry>
<AdrLine>Ground Floor</AdrLine>
<AdrLine>52-54 Gracechurch Street</AdrLine>
</PstlAdr>
</FinInstnId>CBPR+ identifies the instructing and instructed agents by BIC only. An institution without a BIC can be the debtor, creditor or an intermediary agent.
The values are as published by the register. Check them against your own records before use.
Sources & method
Register entries come from the public registers of financial regulators, standardised into one taxonomy. LEIs are matched through GLEIF, and a BIC is linked only through a shared LEI.
An institution missing from these registers is not necessarily unregulated.
Register entries are not matched against the OFAC or EU sanctions lists. Where the legal entity also holds a BIC, the matches for that BIC are on its page. Always screen against the official lists.
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
Read the methodology →Register for this page
- FCA Financial Services Register - E-Money Institutions—Financial Conduct Authority (FCA) · source ↗ as at 25 September 2026
- Persons with significant control—Companies House · source ↗ as at 9 October 2026
- Overview, authorisation, partners, products, leadership and events—researched per institution by an AI model with web search, from the firm's own website, terms and filings, regulators' registers and notices, company registers and news. Licences, partners, figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
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A licence records what an institution is authorised to do; it does not assess it. The Elucidate FinCrime Index (EFI) is an independent score of the financial crime risk of banks and payment institutions.
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